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Wireline telecom earnings in the first quarter of 2015

The first-quarter 2015 earnings reporting season has begun, and FierceTelecom is tracking how key players in the wireline telecom industry performed. Check here throughout the reporting season for updates on providers, vendors and integrators in this segment.

Also, our colleagues at FierceWireless are tracking the first-quarter results of the major players in the wireless industry.

April 21Verizon
Verizon's total first-quarter 2015 operating revenues were $32 billion, up 3.8 percent year-over-year from the same period a year ago.
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- see the earnings release
- more Verizon news

Infinera
The metro cloud and data center interconnection markets may be still relatively nascent, but Infinera said during its first-quarter earnings call that it is seeing momentum in both segments.
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- see the earnings release
- more Infinera news

April 22AT&T
Despite the gains in U-verse, the telco's first-quarter wireline revenues were $14.1 billion, down 3.1 percent versus the year-earlier quarter.
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- see the earnings release
- more AT&T news

April 23ADVA Optical Networking
Adva Optical Networking reported that revenues in first quarter 2015 rose to $107 million, up 22.4 percent from 87.1 million first quarter 2014. The company said that this result is slightly above guidance of between $100 million and $106 million.
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- more ADVA news

April 24América Móvil
While América Móvil says its first-quarter wireline revenues rose 9.2 percent in the first quarter, it wasn't enough to offset the company's 42 percent profit decline.
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- see the earnings release (.pdf)
- more America Movil news

April 28Calix
While Calix reported that first-quarter 2015 revenue was $91 million, up 6.1 percent from $85.8 million for the first quarter of 2014, it said that slow budgets from its largest service provider customers could have an impact on second-quarter revenues.
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- see the earnings release
- more Calix news

May 1TDS Telecom
TDS Telecom reported that while first-quarter wireline revenues rose 7 percent to $279 million due to an increase in residential broadband and IPTV services, it saw slight declines in its wholesale and business service segments.
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- more TDS news

May 4Hawaiian Telcom
Hawaiian Telcom is making headway with its IPTV rollout, reporting that as of the end of the first quarter, it penetrated 17.9 percent of households with the service. However, company revenue remained flat at $97.1 million.
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- see the earnings release
- more Hawaiian Telcom news

Shenandoah Telecom
Shentel reported that its steady wireline fiber lease revenues dipped to $8 million in the first quarter 2015, down from $8.1 million in the same period a year ago.
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- see the earnings release
- more Shentel news

May 5CenturyLink
CenturyLink has set an aggressive goal with its 1 Gbps fiber-to-the-premises (FTTP) initiative, signaling that it plans to reach 700,000 residential homes with the service by the end of the year.
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- see the earnings release
- more CenturyLink news

EarthLink
EarthLink struggled with wholesale business revenue in the first quarter, but it is finding growing interest in its dark fiber services.
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- more EarthLink news

Frontier Communications
Frontier's first-quarter 2015 total revenue was $1.37 billion, while operating income was $163 million. It also reported a net loss of $51 million, or $0.05 per share.
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- see the earnings release
- more Frontier news

May 6Lumos Networks
Lumos Networks says that as it moves forward with its fiber-to-the-cell (FTTC) initiative, it expects that legacy TDM-based T-1 revenue will fade out of its wholesale wireless backhaul revenue at some point in 2016.
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- see the earnings release
- more Lumos news

FairPoint Communications
FairPoint reported that revenues declined to $214 million from $231million with voice services revenue falling mainly on the back of fewer lines in service, lower long-distance minutes of use and seasonality.
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- see this earnings release
- more FairPoint news

Consolidated Communications
Consolidated reported that first quarter revenues were $192.6 million, down slightly from $193.9 million for the first quarter of 2014. Excluding the $1.4 million decline in equipment sales and service, revenues increased by $0.1 million.
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- more Consolidated news

Cincinnati Bell
Cincinnati Bell reported consolidated revenue for the first quarter was $293 million, up $11 million from 2014, while net income was $49 million, including income from discontinued operations.
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- more Cincinnati Bell news

Windstream
Windstream reported that first-quarter total revenues were $1.4 billion, down 3 percent from the same period a year ago.
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May 13ZayoGroup
Zayo reported that its fiscal third-quarter revenues were $341 million, up $16.8 million sequentially, representing 21 percent annualized sequential growth.
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- more Zayo news

May 14 Cisco
The service provider segment continues to be a challenging environment for Cisco Systems, according to CEO John Chambers, who is stepping down as CEO in July after 20 years. Speaking to investors during its fiscal third-quarter earnings call, Chambers said that it is seeing slower service provider spending patterns in the United States and across other global markets.
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- more Cisco news

June 4Ciena
Ciena's move to diversify its customer base beyond large Tier 1 service providers like AT&T (NYSE: T) and Verizon (NYSE: VZ) continued to pay off in its fiscal second quarter of 2015 as revenues rose year-over-year to $621.6 million. Ciena's net income for the fiscal second quarter 2015 was $20.7 million, or 17 cents per diluted common share, which compares to a GAAP net loss of $10.2 million, or 10 cents per diluted common share, for the fiscal second quarter 2014.
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- and the earnings release
- more Ciena news